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Firm Zeta estimates that a newly purchased asset will last for 5 years. It has a depreciable basis of $400,000 and will be depreciated using

Firm Zeta estimates that a newly purchased asset will last for 5 years. It has a depreciable basis of $400,000 and will be depreciated using a 3-year MACRS (factors are 33.33% for year 1, 44.45% for year 2, 14.81% for year 3 and 7.41% for year 4). Sales will be $124,000 each year and costs will be $32,000 each year. The tax rate 20%. How much is the yearly after tax annual operating cash flow, all five years? Do not use excel.

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